Renmoney boost loan access with mobile centres

Posted by - April 19, 2019

Nigerian finance lending company, Renmoney says it has launched its mobile experience centres across Lagos recently. The mobile experience centres will accelerates financial inclusion and improve lending to individuals and investment in small and medium enterprises in a more convenient way. The Centres will enable customers to complete end-to-end transactions at their convenience. According to

Mobile Lending Platform Branch International Secures $170m Financing

Posted by - April 9, 2019

Branch, a quick loan application platform and one of the most downloaded finance app in Africa, has announced a new global partnership and investment from Visa. Also, the company recently announced the close of its Series C financing, a $ 170 million round of investment led by Foundation Capital and Visa. Also, existing investors, Andreessen

StanChart launches Full Digital Banking on Mobile

Posted by - February 25, 2019

Standard Charted bank has launched the new Standard Chartered Mobile (SC Mobile which allows customers of the bank to open accounts and enjoy all bank services on their mobile phones. Speaking at the launch which took place at the Labadi Beach Hotel on Friday, February 22,2019,Chief Executive of Standard Charted Bank Ghana Limited, Mansa Nettey

MoneyGram merges with Zeepay to extend mobile money

Posted by - September 14, 2018

Global provider of innovative money transfer and payment services, MoneyGram has partnered with Zeepay to extend its mobile money and remittance services across the world to ensure that individuals can now receive money into their mobile money wallet no matter the location. “This is an important milestone for MoneyGram in Ghana as we’re now offering

Paylater, The Mobile App Providing Nigerian Consumers with Access to Credit, Has Reached 1 Million Downloads

Posted by - August 3, 2018

Paylater is issuing loans to Nigerians completely digitally, without seeing or speaking to customers In Nigeria, a country of nearly 200 million people, 61% of the adult population is un- or underbanked. Fintech companies like Paylater represent a tremendous opportunity to get formal banking services in the hands of Nigerian consumers to provide much needed

Visa Schools Merchants on New Mobile Payment Codes

Posted by - August 9, 2017

Visa has announced its support of the new global QR Code Payment Specifications from EMVCo, the global technical body that manages the EMV Specifications. The specifications cover consumer-presented and merchant-presented QR code use cases for digital payment acceptance. QR Codes are two-dimensional machine-readable barcodes, used to facilitate mobile payments at the point-of-sale. Visa and the

Keystone Bank Launches Mobile Banking Solution

Posted by - August 1, 2017

Keystone Bank Limited has officially launched a new mobile banking solution to make banking simpler and interesting for its customers. The bank’s *553# Unstructured Supplementary Service Data (USSD) banking solution would enable its customers to perform financial transactions on all known mobile phones (Feature, Smartlite or Smart), without having to go on the net or

FirstBank Launches Mobile Payment Solution

Posted by - July 31, 2017

First Bank of Nigeria Limited has partnered Visa to launch a mobile payment solution mVisa. This mobile solution, according to the bank, allows customers pay for goods and services by scanning a QR code using a smart phone via the FirstMobile App. Payment goes straight from the consumer’s FirstBank account into the merchant’s account and